Banks begin charging taxes on bonds, T-bills as exemption expires

Nigerian banks have notified their customers that tax will now be charged on bonds and short-term securities on which tax is due, effective from January 2, 2022. This followed the expiration of the Federal Government Finance Order 2011 which exempted bonds and short-term government securities from income tax for 10 years between 2011 and 2021. […]

read more Banks begin charging taxes on bonds, T-bills as exemption expires